Harry Newton's In Search of The Perfect Investment
Newton's In Search Of The Perfect Investment. Technology Investor.
ranks them: "To find the B2 100, we started with 2,000 tech companies that
have been publicly traded for at least three years,
have a market capitalization of least $50 million, and have had positive cash
flow over the past 12 months. Zacks Investment Research of Chicago ranked the
resulting list using four financial criteria: growth in revenue, profit, and operating
cash flow during the past three years, and the 12-month stock market return as
of December 31, 2005. Cash flow growth counts for 40% of a company's ranking.
Each of the other criteria counts for 20%."
8:30 AM EST Tuesday, May 23, 2006:
It's not too soon to make a list of companies to watch and buy as they come
in even further. The key is broken stocks, not broken companies. (Cramer's words).
An interesting list of tech companies is in the June, 2006 issue of Business
Their top ten:
Celgene (CELG), Red Hat (RHAT), Apple Computer (AAPL), SanDisk (SNDK), ValueClick
(VCLK), Palomar Medical Technologies (PMTI), aQuantive (AQNT), LifeCell (LIFC),
Gilead Sciences (GILD) and Clinical Data (CLDA).
The entire list
of 100 companies is not on Business 2.0's web site, yet. You need the
estate with rent? These days two factors are impinging on commercial
real estate availablity as potential investments:
1. High interest costs.
2. Investment monies seeking great property (especially trophy) at any
The good news is there's still interesting property around in smaller cities.
With borrowing, it's possible to find something yielding 10%, with the hope
that the rents and the value might rise and the IRR might ultimately be 15%.
spam explosion: Lately it's gotten much worse. I am receiving 400
spam emails a day. There are five things to know:
1. Much of the goods they're offering are counterfeits. That includes
the pills to to make you perform, lose weight, feel great.
2. Never visit the sites they suggest. Just visiting the sites will drop
bad software on your PC.
3. The most effective way to deal with spam is with Microsoft Outlook
2003's junk email filter. It's not perfect. But it will catch 90% of your spam.
It automatically consigns what it thinks is spam to a junk e-mail folder. Outlook
2003 comes with rules (which Microsoft updates every so often). But it also
comes with software to allow you to define your own rules. For example,
you can pick people whose emails should go straight to trash. You can pick people
whose mail you actually want to receive. You can pick patterns. For example,
I have a rule that anything with "Re: test " in the subject line goes
4. As you begin, you must check your junk mail regularly. You're "training"
it. In the beginnning it will screw up. It will contain emails from good people.
You dub them "safe senders." After a while it it'll get it all remarkably
right. Think of "training" a dog.
5. If someone doesn't respond to your important email, call them on the
phone. Your email probably got consigned to their junk email folder.
of selling your business? A
friend is thinking
of selling their business and asked my advice:
All that is relevant to selling a business are two issues:
1. How much cash you're being offered and,
2. What will you do after you've sold the business?
The advice I gave: Since you derive so much pleasure from the business, are
in good health and don't need the money, I'd be hesitant to sell the business
now. Wait until you're old and decrepit, or have developed a passion
outside the business. Having something you love taken away from you is not easy.
It leaves you with a "big hole." The money you get paid does not compensate
for the feeling of emptiness and irrelevance. Moreover, managing the money you
get is a full-time job -- and not an especially fulfilling one. The worst part
of your "retirement" is waking up one day to the realization that
you suddenly have little control over your own financial success. It's in the
hands of semi competent money managers and subject to the vagaries of irrational
forces -- like those we've seen in recent days.
didn't have fluoride growing up. That's why my kids have such beautiful
teeth and I have such awful ones. Which is I why my dentists regard my mouth
as "their annuity." (They told me.) How different can dentists be?
I visited one recently; he wanted to yank my tooth. A second said he'd work
on it. And seven visits later, he's saved my tooth. Thank you, Dr. Hank Schiffman.
Hank Schiffman, great runner
and superb New York endodontist. Photo after last Sunday's 10K race.
Mad Wife Disease:
guy was sitting quietly reading his paper when his wife walked up behind him
and whacked him on the head with a magazine.
that for?" he asked. "That was for the piece of paper in your pants
pocket with the name Laura Lou written on it," she replied.
ago when I went to the races, Laura Lou was the name of one of the horses I
bet on," he explained.
I'm sorry," she said. "I should have known there was a good explanation."
Three days later
he was watching a ballgame on TV when she walked up and hit him in the head
again, this time with the iron skillet, which knocked him out cold. When he
came to, he asked, "What the hell was that for?"
She replied, "Your
This column is about my personal search for the perfect
investment. I don't give investment advice. For that you have to be registered
with regulatory authorities, which I am not. I am a reporter and an investor.
I make my daily column -- Monday through Friday -- freely available for three
reasons: Writing is good for sorting things out in my brain. Second, the column
is research for a book I'm writing called "In Search of the Perfect
Investment." Third, I encourage my readers to send me their ideas,
concerns and experiences. That way we can all learn together. My email address
is . You can't
click on my email address. You have to re-type it . This protects me from software
scanning the Internet for email addresses to spam. I have no role in choosing
the Google ads. Thus I cannot endorse any, though some look mighty interesting.
If you click on a link, Google may send me money. Please note I'm not suggesting
you do. That money, if there is any, may help pay Claire's law school tuition.
Read more about Google AdSense, click
here and here.